Tag: Turkish scrap market
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Turkiye: Scrap prices hold steady w-o-w as weak rebar demand keeps mills cautious about fresh purchases
High freight costs, tight European supply support prices Mismatch between bids and offers limits deal closure Turkiye’s deep-sea scrap market remained largely stable during the week ending on 1 October, with limited trading activity and cautious mill buying keeping prices stable. Steelmakers continued to delay purchases amid weak rebar demand, while elevated freight and energy…